Tethys Board Changes

TIDMTPL

Board Changes

FOR: TETHYS PETROLEUM LIMITED

TSX, LSE SYMBOL: TPL

November 4, 2014

Tethys Petroleum Limited: Board Changes

GRAND CAYMAN, CAYMAN ISLANDS--(Marketwired - Nov. 4, 2014) - Tethys Petroleum Limited ("Tethys" or the
"Company") (TSX:TPL)(LSE:TPL) today announced that Dr. David Robson and Liz Landles have resigned from the
Board of Directors of the Company, with immediate effect.

Dr. David Robson said: "It is with regret that, in the interests of the Company, I feel compelled to step down
from the Board of Tethys Petroleum Limited as a director. I have been a director of the Company since its
creation in 2003 and, for the last 11 years, I have worked my hardest to build a successful business and I
believe that we have a very effective oil and gas exploration and production company working in Central Asia
and the Caucasus with some notable firsts and with enormous potential. Our team has a very high reputation in
the area both for good exploration success and for our professional approach to business and we are very well
respected as a highly competent oil and gas operator. I wish the staff and the Company well for the future and
hope that it can further develop its business from the solid and diverse platform we have created."

Rt. Hon Peter Lilley MP, Vice Chairman of the Board commented: "It is difficult to overstate the contribution
David Robson has made in building Tethys Petroleum into the company it is today. It is his vision, energy and
leadership that have built Tethys into a successful oil and gas exploration and production company. His immense
experience of the oil and gas business and tireless enthusiasm have been an inspiration for the Tethys team as
it has grown from owning a single stranded gas field in Kazakhstan to being an oil and gas exploration and
production company operating in several countries and in Tajikistan the respected partner of two of the largest
oil companies in the world. David's leadership has been essential in this growth and he leaves behind a strong
business where he will be greatly missed by his friends and colleagues. We all wish him well for the future."

"Liz Landles was one of the founders of Tethys Petroleum and has played a pivotal role in making the Company
into what it is today. Her professionalism and dedication have been an inspiration to the Tethys team and she
too will be missed by friends and colleagues. We wish her every success in the future."

Tethys is focused on oil and gas exploration and production activities in Central Asia and the Caspian Region.
This highly prolific oil and gas area is rapidly developing and Tethys believes that significant potential
exists in both exploration and in discovered deposits.

This press release contains "forward-looking information". Such forward-looking statements reflect our current
views with respect to future events and are subject to certain assumptions. See our Annual Information Form for
the year ended December 31, 2013 for a description of risks and uncertainties relevant to our business,
including our exploration activities. The "forward looking statements" contained herein speak only as of the
date of this press release and, unless required by applicable law, the Company undertakes no obligation to
publicly update or revise such information, whether as a result of new information, future events or otherwise.

FOR FURTHER INFORMATION PLEASE CONTACT:

Tethys Petroleum Limited
Sabin Rossi
Vice President Investor Relations
srossi@tethyspetroleum.com

info@tethyspetroleum.com
Web: http://www.tethyspetroleum.com
Twitter: https://twitter.com/tethyspetroleum

Tethys Petroleum Limited

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